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Could someone please help? a) Watch the video available at the following link to write brief description of the event described in the video.

Could someone please help?


a)     Watch the video available at the following link to write brief description of the event described in the video.

 

https://www.youtube.com/watch?v=uLhVaBUooT8

 

Assume that prior to the event, New Zealand's macroeconomic equilibrium was equal to potential GDP. Using the AD-AS model, explain carefully the immediate and long term effects of the event for New Zealand's economy. Draw by hand the appropriate AD-AS diagram to support your explanation.

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The kiwifruit exports is growing considering increased demand by China which has overtaken Japan... View the full answer

new zealadn AD AS.JPG

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KiwiFruit is a major New Zealand export and tourist attraction. This has a larger effect on the growth of the economy of the... View the full answer

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1 comment
  • all the best dear
    • kerryliz
    • May 09, 2018 at 6:13am

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